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XRP (XRP) has risen 2.26% in the last 24 hours.
Gate News Bot news, on September 12, according to CoinMarketCap data, as of the time of writing, XRP (XRP) is currently priced at $3.06, with a rise of 2.26% in the last 24 hours, reaching a high of $3.06 and a low of $2.79. The 24-hour volume reached $5.628 billion. The current market capitalization is approximately $182.598 billion, an increase of $4.042 billion compared to yesterday.
The XRP Ledger (XRPL) is a decentralized public blockchain led by a global community of enterprises and developers, aimed at solving problems and creating value. Verified by over 10 years of error-free operation, the XRPL offers simplified development, low transaction costs, high performance, and sustainability. Developers can confidently build projects on this foundation, advancing the development of key initiatives.
Important recent news about XRP:
1️⃣ DTCC adds XRP ETF to the list
The American Depository Trust & Clearing Corporation ( DTCC ) has listed the Canary XRP ETF (XRPC). This marks a significant expansion of institutional-grade crypto investment products through the DTCC infrastructure, bringing broader investment avenues for XRP.
2️⃣ SEC delays review of Franklin XRP ETF application
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the review of Franklin's spot XRP ETF application. This reflects the regulatory agency's cautious attitude towards XRP-related financial products, which may impact XRP's short-term market performance.
3️⃣ XRP activity rise
In the past 24 hours, the volume of XRP has significantly risen on major trading platforms. On the Upbit platform, the XRP/KRW trading pair ranks second in the Korean won trading market. This reflects the rising market demand for XRP and an optimistic investor sentiment.
From a technical perspective, XRP recently broke through the key resistance level of $3.00, showing strong short-term momentum. However, caution is needed as there is significant selling pressure around $3.06. If it cannot effectively break through, it may face a risk of correction.
This message is not intended as investment advice; investors should be aware of market volatility risks.